1. If it appears from the returns that a majority of the qualified electors of the district who voted on any proposition submitted pursuant to NRS 541.340 voted in favor of the proposition, the district may incur the indebtedness or obligations and enter into the contract for the purpose or purposes and object or objects provided for in the proposition submitted pursuant to NRS 541.340, and in the amount so provided and at a rate of interest not exceeding the rate of interest recited in the resolution.
2. Submission of the proposition of incurring such obligation or other indebtedness at a special, primary or general election does not prohibit submission of the same proposition or other propositions at a subsequent special, primary or general election.
[37:380:1955]—(NRS A 1993, 1092)
Structure Nevada Revised Statutes
Chapter 541 - Water Conservancy Districts
NRS 541.030 - Legislative declarations.
NRS 541.120 - Quorum of board.
NRS 541.130 - Duties of secretary; board may employ chief engineer, attorney and other employees.
NRS 541.140 - Powers of board.
NRS 541.160 - Board may levy and collect taxes and special assessments; classification of methods.
NRS 541.210 - Board may levy additional assessments to pay deficiencies.
NRS 541.220 - Board to hear objections to assessments; procedure; appeal to district court.
NRS 541.230 - Officials charged with duty to collect taxes; taxes levied create equal lien.
NRS 541.240 - Sale of real property for unpaid taxes and assessments.
NRS 541.250 - Property exempt from assessments.
NRS 541.260 - Board may dispose of water under contracts.
NRS 541.270 - Liens to secure payment of annual installments.
NRS 541.280 - Board may create sinking fund.
NRS 541.290 - Powers of board in distribution of water.
NRS 541.300 - Contracts relating to electrical energy.
NRS 541.310 - Change of boundaries: Petition for inclusion of other lands; procedure.
NRS 541.320 - Petition for exclusion of lands in district; procedure; court order.
NRS 541.330 - Board may enter into contracts relative to payments to be made to United States.
NRS 541.340 - Acquisition of works: Procedure for creation of indebtedness; elections.
NRS 541.350 - Publication of resolution for creation of indebtedness.
NRS 541.360 - Conduct of election; canvass of returns.
NRS 541.370 - Majority vote required to authorize indebtedness; resubmission of proposition.
NRS 541.390 - Notice; jurisdiction of district court not lost for failure to give notice.
NRS 541.400 - Cases to be heard by court at earliest practicable moment.